Henri Laks was elected Chairman of the Supervisory Board of Hepsor

Company Overview - Hepsor AS is a developer of residential and commercial real estate operating in Estonia, Latvia, and Canada [2] - The company has created 2,076 homes and nearly 36,300 square meters of commercial space over its fourteen years of operation [2] - Hepsor has implemented several innovative engineering and technical solutions to enhance energy efficiency and environmental friendliness in its buildings [2] - The company's portfolio includes a total of 25 development projects with a total area of 178,200 square meters [2] Leadership Changes - On 5 August 2025, Henri Laks was elected as the new Chairman of the Supervisory Board of Hepsor AS [1] - Henri Laks is a co-founder of Hepsor and has been a member of the Management Board since 2011 [1] - His mandate as a member of the Supervisory Board will be valid for three years [1] - Laks emphasized his commitment to contributing to the company's strategic and supervisory development, leveraging over 20 years of experience in the real estate sector [1] Supervisory Board Composition - As of 1 August 2025, the Supervisory Board of Hepsor AS consists of three members: Henri Laks, Kristjan Mitt, and Andres Pärloja [2]